World Bank’s IFC Backs Indian Insurtech Startup Onsurity in $24 Million Funding
Onsurity, an Indian startup that offers monthly subscription-based insurance solutions to micro, small and medium enterprises, startups and growing businesses, has raised $24 million in a funding round led by the World Bank’s International Finance Corporation (IFC).
The Series B round also saw the participation from existing investors Nexus Venture Partners and Quona Capital. With the fresh funding, the three-year-old startup has raised $40 million in total.
Source: Tech Crunch (link opens in a new window)
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